Back to Search
Property profile & analytics
OFF-MARKET
Super regional malls
17618 Springville Rd 6 Portland, OR 97229-7992
Individually Owned
7-yr Hold
Property ID
US71-0085144
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1994
Construction
WOOD FRAME
Total area
906 SF
Zoning code
R-24
APN
1N119BA-90062
UPID
US71-0085144
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Court Yards At Springville Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hubert G Chin · 7 yrs held
Hubert G Chin
since 2018
5 recorded transactions
Zoning & alternative use
R-24 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,480
Tax year 2023
Assessed value
$137,480
Assessed 2023
Previous assessed
$133,480
+3.0% YoY
Effective rate
1.80%
On assessed value
Improvement market value
$282,460
Total market value
$282,460
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1994
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
YES
Bathrooms
2
Total area
906 SF
Zoning code
R-24
APN
1N119BA-90062
UPID
US71-0085144
Jurisdiction
WASHINGTON
Zoning & alternative use
R-24 · Portland, ORZoning R-24 · permitted uses
R-24 · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Bathrooms
2
Current owner
From public records · entity-resolved
Hubert G Chin
Individual
Mailing address
17618 NW SPRINGVILLE RD UNIT #6, PORTLAND, OR 97229-7992
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2018
$205,000
Hubert G Chin
Lionel Basem Hassen
Warranty Deed
$164,000 · Mufg Union Bank NA
Mar 31, 2015
$166,000
Lionel Basem Hassen
John W Peacock
Warranty Deed
$150,000 · Unitus Community Cu
Jun 1, 2007
$156,400
John W Peacock
Andrea Prout
Warranty Deed
$152,582 · Us Bank NA
Jun 26, 2002
$104,900
Andrea Prout
Springville Associates INC
Grant Deed
$94,400 · America's Wholesale Lender
—
—
Andrea Prout
—
Deed Of Trust
related
$98,000 · America's Wholesale Lender
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17618 Springville Rd, Unit 6?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
